You have been appointed to provide assurance on a general purpose water report for one of your clients.Which assurance standard provides requirements and application material regarding your responsibilities for this engagement?
A)ASAE 3610 'Assurance Engagements on General Purpose Water Accounting Reports'.
B)AWAS 1 'Preparation and Presentation of General Purpose Water Accounting Reports'.
C)The revised COSO framework.
D)Australian Auditing Standards/International Auditing Standards.

Question

Quizplus · Accepted Answer

ASAE 3610 'Assurance Engagements on General Purpose Water Accounting Reports' provides requirements and application material specifically for assurance engagements on general purpose water accounting reports. AWAS 1 is a standard for the preparation and presentation of these reports, and the revised COSO framework and Australian/International Auditing Standards provide guidance for a range of different assurance engagements but do not specifically address water accounting reports.

You Have Been Appointed to Provide Assurance on a General